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Microsoft Updates Fiscal Q1 Revenue Guidance
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Microsoft Updates Fiscal Q1 Revenue Guidance
Aug 22, 2024 4:30 AM

05:15 PM EDT, 08/21/2024 (MT Newswires) -- Microsoft ( MSFT ) said Wednesday it now expects fiscal Q1 intelligent cloud revenue between $23.80 billion and $24.10 billion, compared with its prior outlook range of $28.6 billion to $28.9 billion.

The technology giant now projects fiscal Q1 more personal computing revenue at $12.25 billion to $12.65 billion, versus its prior expectations of between $14.9 billion and $15.3 billion, according to an investor presentation.

Fiscal Q1 productivity and business processes revenue is now seen between $27.75 billion and $28.05 billion, compared with the prior range of $20.30 billion to $20.6 billion, Microsoft ( MSFT ) said.

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